Friends of Lake Elmo S Sunfish Lake Park

Analysis

Friends of Lake Elmo S Sunfish Lake Park is a registered charity in United States, based in Lake Elmo, MN. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Friends of Lake Elmo S Sunfish Lake Park reported income of $205k and spending of $156k, leaving 24% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income grew from $99k to $205k (+108%), an average of +44% a year. The sharpest change came in the year to September 2022, when income rose by 117%. Over the whole period it spent 78% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Lake Elmo S Sunfish Lake Park sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include San Miguel Conservation Foundation ($205k), Pozo de Agua Inc ($205k) and Capital Resource Conservation and Development Council Inc ($205k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 8.9% of the total. Other salaries and wages came to $55k. At year end it held assets of $491k against liabilities of $157k, net assets of $334k. It reported 8 employees.